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Millennials Now Driving Home Sales: Ellie Mae

Saturday, Sep 05 2020
Lending
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The mortgage market is booming, with the generation born in the 1980s and 1990s to thank for it. So reports The Real Deal.

According to Ellie Mae, millennials accounted for 61% of home loans in July, an increase from 56% in June.

Younger millennials, born between 1991 and 1999, were particularly active as low interest rates drove existing home sales to their highest monthly increase on record.

Read the full article from The Real Deal.

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